SushiSwap is a decentralized exchange (DEX) built on the Ethereum blockchain that utilizes an automated market maker (AMM) model, allowing users to trade cryptocurrencies directly with each other through liquidity pools rather than a traditional order book. Initially forked from Uniswap, SushiSwap introduced its native governance token, SUSHI, which not only incentivizes liquidity providers but also grants holders the power to participate in the platform’s governance decisions, influencing its development and future direction within the decentralized finance (DeFi) landscape.
What is SushiSwap (SUSHI)?
Discover the key facts about SushiSwap (SUSHI).
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